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Sanabel Microfinance Of The Arab Countries Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: International, Foreign Affairs and National Security / International Economic Development (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$39.5k (2021)

Expenses
$229k (2021)

Total Assets
$483k (2021)

Total Liabilities
$114k (2021)

Source: Form 990 tax filings from 2010 to 2021

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$39,486
Expenses
$229,059
Net Income
-$189,573
Net Assets
$369,665
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,388
13.6%
Program Services $3,360
8.5%
Investment Income $246
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $30,492
77.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $108,840
47.5%
Assets/Debt
Total Assets $483,172
Total Liabilities $113,507
Net Assets $369,665
Compensation
Key Employees and Officers Compensation Related Other
Youssef Bencheqroun (Chairperson) $0 $0 $0
Reham Farouk (Vice Chairperson) $0 $0 $0
Ali Abdel Jabbar (Treasurer) $0 $0 $0
Adill Bala (Board Secretariat) $0 $0 $0
Bachar Kouwatly (Board Memeber) $0 $0 $0
Hassan Faried (Board Memeber) $0 $0 $0
Jane Giacaman (Board Memeber) $0 $0 $0
Nancy Samy (Executive Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$68,941
Expenses
$228,098
Net Income
-$159,157
Net Assets
$567,209
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,800
11.3%
Program Services $8,965
13.0%
Investment Income $8,061
11.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $44,115
64.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $28,000
12.3%
Professional Fundraising Fees $0
Other Salaries and Wages $115,889
50.8%
Assets/Debt
Total Assets $698,044
Total Liabilities $130,835
Net Assets $567,209
Compensation
Key Employees and Officers Compensation Related Other
Nancy Samy (Executive Director(started) $28,000 $0 $0
Youssef Bencheqroun (Chairperson) $0 $0 $0
Reham Farouk (Vice Chairperson) $0 $0 $0
Ali Abdel Jabbar (Treasurer) $0 $0 $0
Adill Bala (Board Secretariat) $0 $0 $0
Bachar Kouwatly (Board Memeber) $0 $0 $0
Hassan Faried (Board Memeber) $0 $0 $0
Jane Giacaman (Board Memeber) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$163,218
Expenses
$242,192
Net Income
-$78,974
Net Assets
$721,320
Notable Sources of Revenue Percent of Total Revenue
Contributions $85,150
52.2%
Program Services $45,677
28.0%
Investment Income $12,017
7.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $20,374
12.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $52,000
21.5%
Professional Fundraising Fees $0
Other Salaries and Wages $61,454
25.4%
Assets/Debt
Total Assets $917,633
Total Liabilities $196,313
Net Assets $721,320
Compensation
Key Employees and Officers Compensation Related Other
Nancy Samy (Executive Director(started 08/18/2019)) $28,000 $0 $0
Yamama Kenaway (Executive Director(ended 3/31/2019)) $24,000 $0 $0
Youssef Bencheqroun (Chairperson) $0 $0 $0
Reham Farouk (Vice Chairperson) $0 $0 $0
Ali Abdel Jabbar (Treasurer) $0 $0 $0
Adill Bala (Board Secretariat) $0 $0 $0
Bachar Kouwatly (Board Memeber) $0 $0 $0
Hassan Faried (Board Memeber) $0 $0 $0
Jane Giacaman (Board Memeber) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$631,981
Expenses
$608,837
Net Income
$23,144
Net Assets
$804,573
Notable Sources of Revenue Percent of Total Revenue
Contributions $220,261
34.9%
Program Services $401,462
63.5%
Investment Income $10,258
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $151,909
25.0%
Professional Fundraising Fees $0
Other Salaries and Wages $98,727
16.2%
Assets/Debt
Total Assets $967,023
Total Liabilities $162,450
Net Assets $804,573
Compensation
Key Employees and Officers Compensation Related Other
Sahar Sobhy (Executive Director) $82,340 $0 $0
Youssef Bencheqroun (Chairperson) $0 $0 $0
Reham Farouk (Vice Chairperson) $0 $0 $0
Ali Abdel Jabbar (Treasurer) $0 $0 $0
Adill Bala (Board Secretariat) $0 $0 $0
Bachar Kouwatly (Board Memeber) $0 $0 $0
Hassan Faried (Board Memeber) $0 $0 $0
Jane Giacaman (Board Memeber) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$487,855
Expenses
$470,527
Net Income
$17,328
Net Assets
$786,047
Notable Sources of Revenue Percent of Total Revenue
Contributions $165,459
33.9%
Program Services $315,336
64.6%
Investment Income $7,060
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $151,908
32.3%
Professional Fundraising Fees $0
Other Salaries and Wages $52,484
11.2%
Assets/Debt
Total Assets $914,214
Total Liabilities $128,167
Net Assets $786,047
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Sahar Sobhy (Executive Director) $151,908 $0 $0
Youssef Fawaz (Chairperson) $0 $0 $0
Kamel Sallam (Treasurer) $0 $0 $0
Khaled Moheisen (Vice Chairperson) $0 $0 $0
Reem Abboushi (Board Secretariat) $0 $0 $0
Ahmad Al Saraifi (Board Memeber) $0 $0 $0
Driss Bennani (Board Memeber) $0 $0 $0
Salah Awad (Board Memeber) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$670,091
Expenses
$643,775
Net Income
$26,316
Net Assets
$763,335
Notable Sources of Revenue Percent of Total Revenue
Contributions $315,028
47.0%
Program Services $342,258
51.1%
Investment Income $12,805
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $149,612
23.2%
Professional Fundraising Fees $0
Other Salaries and Wages $85,447
13.3%
Assets/Debt
Total Assets $868,621
Total Liabilities $105,286
Net Assets $763,335
Compensation
Key Employees and Officers Compensation Related Other
Sahar Sobhy Ahmad Tieby (Executive Director) $149,612 $0 $0
Youssef Fawaz (Chairperson) $0 $0 $0
Kamel Sallam (Treasurer) $0 $0 $0
Khaled Moheisen (Vice Chairperson) $0 $0 $0
Reem Abboushi (Board Secretariat) $0 $0 $0
Ahmad Al Saraifi (Board Member) $0 $0 $0
Driss Bennani (Board Member) $0 $0 $0
Salah Awad (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$611,460
Expenses
$636,658
Net Income
-$25,198
Net Assets
$772,059
Notable Sources of Revenue Percent of Total Revenue
Contributions $283,742
46.4%
Program Services $319,459
52.2%
Investment Income $8,259
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $156,166
24.5%
Professional Fundraising Fees $0
Other Salaries and Wages $123,627
19.4%
Assets/Debt
Total Assets $918,211
Total Liabilities $146,152
Net Assets $772,059
Compensation
Key Employees and Officers Compensation Related Other
Sahar Sobhy Ahmad Tieby (Executive Director) $156,166 $0 $0
Youssef Fawaz (Chairperson) $0 $0 $0
Kamel Sallam (Treasurer) $0 $0 $0
Khaled Moheisen (Vice Chariperson) $0 $0 $0
Reem Abboushi (Board Secretariat) $0 $0 $0
Ahmad Al Saraifi (Board Member) $0 $0 $0
Driss Bennani (Board Member) $0 $0 $0
Salah Awad (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,010,044
Expenses
$805,018
Net Income
$205,026
Net Assets
$759,381
Notable Sources of Revenue Percent of Total Revenue
Contributions $770,609
76.3%
Program Services $238,064
23.6%
Investment Income $1,304
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $67
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $124,259
15.4%
Professional Fundraising Fees $0
Other Salaries and Wages $129,978
16.1%
Assets/Debt
Total Assets $1,026,645
Total Liabilities $267,264
Net Assets $759,381
Compensation
Key Employees and Officers Compensation Related Other
Sahar Sobhy Ahmad Tieby (Executive Director) $124,259 $0 $0
Hassan Faried (Chairperson) $0 $0 $0
Motaz El Tabaa (Treasurer) $0 $0 $0
Mohammed Al Lai (Vice Chariperson) $0 $0 $0
Abbas Saedy (Secretary General) $0 $0 $0
Ziad Halaby (Board Member) $0 $0 $0
Anwar Jayousi (Board Member) $0 $0 $0
Nagwa Fadil (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$422,429
Expenses
$533,919
Net Income
-$111,490
Net Assets
$550,214
Notable Sources of Revenue Percent of Total Revenue
Contributions $281,453
66.6%
Program Services $139,418
33.0%
Investment Income $1,558
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $128,949
24.2%
Professional Fundraising Fees $0
Other Salaries and Wages $148,616
27.8%
Assets/Debt
Total Assets $841,754
Total Liabilities $291,540
Net Assets $550,214

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,030,630
Expenses
$1,020,612
Net Income
$10,018
Net Assets
$640,501
Notable Sources of Revenue Percent of Total Revenue
Contributions $688,308
66.8%
Program Services $288,320
28.0%
Investment Income $1,623
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $500
0.0%
Net Inventory Sales $0
Other Revenue $51,879
5.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $88,814
8.7%
Professional Fundraising Fees $0
Other Salaries and Wages $219,240
21.5%
Assets/Debt
Total Assets $954,793
Total Liabilities $314,292
Net Assets $640,501

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$852,866
Expenses
$1,007,765
Net Income
-$154,899
Net Assets
$625,475
Notable Sources of Revenue Percent of Total Revenue
Contributions $542,423
63.6%
Program Services $275,420
32.3%
Investment Income $1,449
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $33,574
3.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $102,575
10.2%
Professional Fundraising Fees $0
Other Salaries and Wages $230,336
22.9%
Assets/Debt
Total Assets $1,044,535
Total Liabilities $419,060
Net Assets $625,475

Document Links

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,293,528
Expenses
$1,078,095
Net Income
$215,433
Net Assets
$774,876
Notable Sources of Revenue Percent of Total Revenue
Contributions $881,622
68.2%
Program Services $366,190
28.3%
Investment Income $1,395
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $44,321
3.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $118,685
11.0%
Professional Fundraising Fees $0
Other Salaries and Wages $182,280
16.9%
Assets/Debt
Total Assets $1,150,221
Total Liabilities $375,345
Net Assets $774,876

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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